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16340 Villa Dr

Victorville, CA 92395
  • $650,000
  • STATUS: Active Under Contract
  • ON SITE: 58 Days
  • MLS #: 25590351
Under Contract
UPDATED: 62 min ago
$650,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,160
    SQFT
  • $301
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Description

Great Investment Opportunity! Welcome to 16340 Villa Drive, a fully renovated four-unit investment property located in the heart of Victorville. This rare opportunity offers four 1-bedroom, 1-bath units, each thoughtfully updated with modern finishes and ready to generate strong rental income. Property Highlights- Lot Size: Approximately 12,000 sq. ft.- Units: 4 (each 1 bed / 1 bath)- Renovations: New vinyl plank flooring throughout, modern finishes, and fresh updates across all units- Appliances: All appliances included in every unit- Parking & Storage: Each unit includes its own garage for added tenant convenience. Current Rents: Each unit rents for $1,150/month- Occupancy: 1 unit currently rented at $1,150, 3 units vacant and ready to leaseI. Investment Potential- Gross Scheduled Income (GSI): $55,200 annually (at full occupancy)- Immediate Upside: Lease the three vacant units at market rent to maximize returns- Turnkey Renovations: All major updates completed, minimizing upfront costs. Location -Conveniently located near shopping centers, schools, parks, and commuter routes. This property offers easy access for tenants and long-term growth for investors in the rapidly developing Victorville rental market. Please call me for a private showing.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-11-08T15:43:11.763. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.kwcoachellavalley.com/homes/167800308
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16340 Villa Dr Victorville, CA 92395

  • Price: $650,000
  • Status: Active Under Contract
  • On Site: 58 Days
  • Updated: 62 min ago
  • MLS #: 25590351
0
Beds
0
Baths
0
½ Baths
0.29
Acres
2,160
SQFT
$301
$/SQFT
1952
Built
Neighborhood:
Victor Valley
County:
San Bernardino
Area:
Victor Valley
Property Description
Great Investment Opportunity! Welcome to 16340 Villa Drive, a fully renovated four-unit investment property located in the heart of Victorville. This rare opportunity offers four 1-bedroom, 1-bath units, each thoughtfully updated with modern finishes and ready to generate strong rental income. Property Highlights- Lot Size: Approximately 12,000 sq. ft.- Units: 4 (each 1 bed / 1 bath)- Renovations: New vinyl plank flooring throughout, modern finishes, and fresh updates across all units- Appliances: All appliances included in every unit- Parking & Storage: Each unit includes its own garage for added tenant convenience. Current Rents: Each unit rents for $1,150/month- Occupancy: 1 unit currently rented at $1,150, 3 units vacant and ready to leaseI. Investment Potential- Gross Scheduled Income (GSI): $55,200 annually (at full occupancy)- Immediate Upside: Lease the three vacant units at market rent to maximize returns- Turnkey Renovations: All major updates completed, minimizing upfront costs. Location -Conveniently located near shopping centers, schools, parks, and commuter routes. This property offers easy access for tenants and long-term growth for investors in the rapidly developing Victorville rental market. Please call me for a private showing.
Exterior Features

Levels One Lot Size Area 12425 Other Structures Other Parking Garage Garage - 1 Car Total Parking 4

Interior Features

Cooling Wall Unit(s) Equipment DishwasherMicrowaveWasherDryerRefrigerator Heating Wall

Property Features

Assessed Total Value 124955 Disclosures None Gross Income 55200 Gross Operating Income 55200 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 41400.00 Number Of Buildings 4 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 13800 Type Of Units 4 Water Heaters YN Yes Year Built Source Vendor Enhanced

Listing provided courtesy of Elaine Cromwell DRE#01280783 of The ONE Luxury Properties: .


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-11-08T15:43:11.763. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Palm Desert CA, 92211